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412 Southern Prairie Dr

Madrid, IA 50156

3 bd 3 ba 1,357 sqft Built 2011 Lot 13,068 sqft single_family
Most recent sale
$284,900
Oct 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2022 Sold $284,900 MLS #659575
Sep 6, 2022 Listed $284,900 MLS #659575
May 23, 2019 Sold $205,000 MLS #51113
Apr 4, 2019 Price changed $214,900 MLS #575954
Feb 19, 2019 Price changed $219,900 MLS #575954
Feb 1, 2019 Listed $224,900 MLS #575954
Jul 25, 2012 Sold $167,000 MLS #34390
Nov 27, 2011 Listed $169,900 MLS #34390
Nov 16, 2011 Listed $169,900 MLS #393022
Oct 18, 2009 Listed $38,000 MLS #26447

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $242,800 $42,030 $284,830 $5,382
2024 $242,800 $42,030 $284,830 $5,211
2023 $246,187 $30,020 $276,207 $4,930
2022 $193,301 $30,020 $223,321 $4,930
2021 $193,301 $30,020 $223,321 $5,270
2020 $191,644 $28,144 $219,788 $5,210
2019 $191,644 $28,144 $219,788 $4,336
2018 $155,683 $28,144 $183,827 $3,956
2017 $147,488 $28,144 $175,632 $4,065
2016 $141,623 $35,000 $176,623 $3,986
2015 $141,623 $35,000 $176,623 $3,912
2014 $138,208 $35,000 $173,208 $3,818
2013 $138,208 $35,000 $173,208 $3,182
2012 $145,437 $35,000 $180,437 $10
2010 $531 $531 $10
2009 $338 $338 $8

Property facts

Year built
2011
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,357 sqft
Lot size
13,068 sqft
ZIP code
50156
City
Madrid
Street
Southern Prairie Dr
Coordinates
41.86740, -93.82110

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,036
Gross rental yield
8.58%
Implied cap rate
5.57%
Trend-extrapolated value

Frequently asked questions

When did 412 Southern Prairie Dr last sell?
412 Southern Prairie Dr most recently sold on Oct 14, 2022 for $284,900.
What is the current tax assessment for 412 Southern Prairie Dr?
The most recent total assessment for 412 Southern Prairie Dr (year 2025) is $284,830 with $5,382 in property tax.
How does 412 Southern Prairie Dr's assessment compare to its last sale price?
The current assessment is 0.0% below the last sale price of $284,900.
When was 412 Southern Prairie Dr built?
412 Southern Prairie Dr was built in 2011.
How does 412 Southern Prairie Dr compare to others on Southern Prairie Dr?
We track 8 other properties on Southern Prairie Dr. Browse the list under "Other properties on Southern Prairie Dr" to compare beds, baths, and sale history.
What are the property facts for 412 Southern Prairie Dr?
412 Southern Prairie Dr is a 3 bed, 3 bath, 1,357 sqft, 13,068 sqft lot single_family.
Is 412 Southern Prairie Dr a flip candidate?
No — 412 Southern Prairie Dr does not appear in our flips dataset.
Is 412 Southern Prairie Dr a tax-appeal candidate?
No — 412 Southern Prairie Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.0%
Implied 1-yr
+20.0%
2026 Q3
$502.5K
2026 Q4
$521.5K
ZIP 50156 — Median Price History + Forecast

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